Page:Competition Ordinance (Cap. 619).pdf/76

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COMPETITION ORDINANCE
Ord. No. 14 of 2012
A1473

(2) Without limiting the scope of subsection (1), the Commission may—

(a) make, give effect to, assign or accept the assignment of, vary or rescind any agreement;
(b) receive and spend money;
(c) with the approval of the Financial Secretary, borrow money;
(d) invest funds of the Commission that are not immediately required, in a manner approved by the Financial Secretary;
(e) with the approval of the Chief Executive, become a member or affiliate of any international body, whose functions or objects include the promotion of competition or competition law.

Division 2—Relationship to Government

132. Commission not servant or agent of Government

The Commission is not a servant or agent of the Government and does not enjoy any status, immunity or privilege of the Government.

133. Personal immunity of members of Commission etc.

(1) A person to whom this subsection applies is not personally liable for anything done or omitted to be done by the person in good faith in the performance or purported performance of any function of the Commission under this Ordinance.

(2) The persons to whom subsection (1) applies are—

(a) members of the Commission;
(b) any person who is an officer or employee of the Commission;
(c) any person who is a member of any committee of the Commission; and
(d) any person who is performing any service for the Commission under a contract of services.

(3) The protection conferred by subsection (1) does not affect any liability of the Commission for the act or omission.